Stock Buzzer: NRG Energy Inc (NYSE:NRG) First Quarter Institutional Investor Sentiment Steady

November 29, 2016 - By Louis Casey   ·   0 Comments

Stock Buzzer: NRG Energy Inc (NYSE:NRG) First Quarter Institutional Investor Sentiment Steady

Sentiment for NRG Energy Inc (NYSE:NRG)

NRG Energy Inc (NYSE:NRG) institutional sentiment increased to 1.03 in 2016 Q2. Its up 0.01, from 1.02 in 2016Q1. The ratio improved, as 159 institutional investors increased or opened new equity positions, while 156 decreased and sold their stakes in NRG Energy Inc. The institutional investors in our partner’s database now own: 299.28 million shares, down from 316.65 million shares in 2016Q1. Also, the number of institutional investors holding NRG Energy Inc in their top 10 equity positions increased from 4 to 5 for an increase of 1. Sold All: 37 Reduced: 119 Increased: 114 New Position: 45.

NRG Energy, Inc. is an integrated power firm that produces, sells and delivers energy, and energy services and products in various power markets in the United States. The company has a market cap of $3.62 billion. The Company’s divisions include NRG Business, which includes power generation, the carbon capture business and energy services; NRG Home, which includes NRG Home Retail, which consists of residential retail services and products, and NRG Home Solar, which includes the installation and leasing of residential solar services; NRG Renew, which includes solar and wind assets, excluding those in the NRG Yield and NRG Home Solar divisions; NRG Yield, and corporate activities. It currently has negative earnings. NRG Yield includes certain of the Company’s contracted generation assets.

The stock increased 5.48% or $0.6 during the last trading session, hitting $11.55. NRG Energy Inc (NYSE:NRG) has declined 20.62% since April 26, 2016 and is downtrending. It has underperformed by 25.88% the S&P500.

Analysts await NRG Energy Inc (NYSE:NRG) to report earnings on March, 6. They expect $-0.51 EPS, down 191.07% or $1.07 from last year’s $0.56 per share. After $1.27 actual EPS reported by NRG Energy Inc for the previous quarter, Wall Street now forecasts -140.16% negative EPS growth.

According to Zacks Investment Research, “NRG Energy Inc owns and operates a diverse portfolio of power-generating facilities, primarily in the United States. Its operations include baseload, intermediate, peaking, and cogeneration facilities, thermal energy production and energy resource recovery facilities.”

Bocage Capital Llc holds 8.01% of its portfolio in NRG Energy Inc for 850,685 shares. Community Bank Of Raymore owns 638,260 shares or 4.61% of their US portfolio. Moreover, Breithorn Capital Management has 3.93% invested in the company for 343,220 shares. The Texas-based Carlson Capital L P has invested 2.36% in the stock. Hotchkis & Wiley Capital Management Llc, a California-based fund reported 26.59 million shares.#img1#

NRG Energy Inc (NYSE:NRG) Ratings Coverage

Ratings analysis reveals 58% of NRG Yield’s analysts are positive. Out of 12 Wall Street analysts rating NRG Yield, 7 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $11 while the high is $36. The stock’s average target of $21.10 is 82.68% above today’s ($11.55) share price. NRG was included in 23 notes of analysts from August 10, 2015. The rating was maintained by Barclays Capital on Wednesday, August 10 with “Overweight”. The firm has “Neutral” rating given on Monday, November 7 by Citigroup. The company was maintained on Wednesday, August 31 by UBS. Barclays Capital maintained the shares of NRG in a report on Friday, March 18 with “Overweight” rating. The stock of NRG Energy Inc (NYSE:NRG) has “Neutral” rating given on Tuesday, November 22 by Bank of America. RBC Capital Markets maintained it with “Outperform” rating and $22.0 target price in Monday, August 10 report. SunTrust maintained the shares of NRG in a report on Monday, March 7 with “Neutral” rating. The stock of NRG Energy Inc (NYSE:NRG) earned “Buy” rating by Guggenheim on Friday, January 29. On Monday, September 21 the stock rating was maintained by Barclays Capital with “Buy”. The rating was downgraded by UBS to “Sell” on Thursday, June 9.

NRG Company Profile

NRG Energy, Inc. (NRG), incorporated on May 29, 1992, is an integrated power firm that produces, sells and delivers energy, and energy services and products in various power markets in the United States. The Company’s divisions include NRG Business, which includes power generation, the carbon capture business and energy services; NRG Home, which includes NRG Home Retail, which consists of residential retail services and products, and NRG Home Solar, which includes the installation and leasing of residential solar services; NRG Renew, which includes solar and wind assets, excluding those in the NRG Yield and NRG Home Solar divisions; NRG Yield, and corporate activities. NRG Yield includes certain of the Company’s contracted generation assets. The Company’s corporate segment includes Boston Energy Trading and Marketing LLC (BETM), international business and electric vehicle services. The Firm owns and operates approximately 50,000 megawatts of generation; engages in the trading of wholesale energy, capacity and related products; transacts in and trades fuel and transportation services, and directly sells energy, services, and services and products to retail clients under the names NRG, Reliant and other retail brand names owned by the Company.

Another recent and important NRG Energy Inc (NYSE:NRG) news was published by Nasdaq.com which published an article titled: “Earnings Reaction History: NRG Energy Inc., 54.5% Follow-Through Indicator, 3 …” on November 04, 2016.

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By Louis Casey


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